UPDATE: Odyssey's Record-Breaking Recovery To Be Featured On Discovery Channel

TAMPA, Fla., Feb. 7, 2013 (GLOBE NEWSWIRE) -- Odyssey Marine Exploration, Inc. (Nasdaq:OMEX), pioneers in the field of deep-ocean exploration, will be featured on Discovery Channel's SILVER RUSH premiering with three back-to-back episodes on February 24 at 8-11 PM ET.

Film crews for the Discovery Channel series were onboard Odyssey's ships during 2012 operations and captured the record-breaking recovery of 48 tons of silver bullion from the Gairsoppa site. JWM Productions, the company that produced Discovery Channel's TREASURE QUEST also featuring Odyssey, produced the three-part series that showcases Odyssey's work on the Gairsoppa, Mantola and Victory during 2012.

"Part of our mission is to share the excitement of what we do with the general public. 2012 was a special year for our team as we set out to conduct recovery operations on a shipwreck that was over three miles deep – deeper than the Titanic and something that had never been accomplished before," said Mark Gordon, Odyssey President and COO. "Our team successfully accomplished the record-breaking recovery of 48 tons of silver bullion - the heaviest and deepest recovery of precious metals in history."

"Seeking and discovering shipwrecks is fascinating and challenging so to witness the trials and triumphs of the crew hundreds of miles off shore makes gripping television. SILVER RUSH will give viewers a first-hand look at the planning, precise maneuvering of advanced robotics three miles deep, and the ingenuity of the team," said JWM President Jason Williams. "Finding the shipwreck was a sensational news story, but the story of this team's 'never give up' attitude to carry out the operation that took place this year is what I think will really captivate the audience."

About JWM Productions

JWM Productions' multiple Emmy Award-winning team has consistently produced some of the highest-rated and most immersive non-fiction programming on television. Founded in 1996 by Bill Morgan and Jason Williams, the company has produced well over 250 hours of high-quality programming and has been distributed into every broadcast market worldwide.

About Discovery Communications

Discovery Communications (Nasdaq:DISCA) (Nasdaq:DISCB) (Nasdaq:DISCK) is the world's No. 1 nonfiction media company, reaching more than 1.5 billion cumulative subscribers in over 170 countries. Discovery empowers people to explore their world and satisfy their curiosity through 100-plus worldwide networks, led by Discovery Channel, TLC, Animal Planet, Science Channel, Investigation Discovery and HD Theater, as well as leading consumer and educational products and services, and a diversified portfolio of digital media services including HowStuffWorks.com. Discovery Communications is owned by Discovery Holding Company (Nasdaq:DISCA) (Nasdaq:DISCB), Advance/Newhouse Communications and John S. Hendricks, Discovery's founder and chairman. For more information, please visit www.discoverycommunications.com .

About Odyssey Marine Exploration, Inc.

Odyssey Marine Exploration, Inc. (Nasdaq:OMEX) is engaged in deep-ocean exploration using innovative methods and state-of-the-art technology. The Company is a world leader in shipwreck exploration, conducting extensive search and archaeological recovery operations on deep-ocean shipwrecks around the world. Odyssey also has a minority ownership stake in Neptune Minerals, a company focused on discovering and commercializing high-value mineral deposits from the ocean floor and in Chatham Rock Phosphate, Ltd, a company focused on discovering and commercializing seabed deposits of rock phosphate and other minerals. Odyssey also provides contracting services, including proprietary deep-ocean expertise and equipment, to governments and companies around the world.

Odyssey offers various ways to share in the excitement of deep-ocean exploration by making shipwreck treasures and artifacts available to the general public, students, and collectors through its webstore, exhibits, books, television, merchandise, educational programs and virtual museum located at www.OdysseysVirtualMuseum.com. The company also maintains a Facebook page at http://www.facebook.com/OdysseyMarine and a Twitter feed @OdysseyMarine.

Following previous successful engagements in New Orleans, Tampa, Detroit, Oklahoma City, Charlotte, Baltimore, Sarasota, San Antonio, and Hot Springs, Odyssey's SHIPWRECK! exhibit is currently on display at the Museum of Science, Boston.

For details on Odyssey's activities and its commitment to the preservation of maritime heritage please visit www.shipwreck.net .

Odyssey Marine Exploration believes the information set forth in this Press Release may include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. Certain factors that could cause results to differ materially from those projected in the forward-looking statements are set forth in "Risk Factors" in Part I, Item 1A of the Company's Annual Report on Form 10-K for the year ended December 31, 2011, which has been filed with the Securities and Exchange Commission.